BCE Inc. (BCE.TO)

(A Top Pick Mar. 2017 Down 5%) He thinks it has a fantastic balance sheet. . BCE has free cash flow available and he thinks this leaves potential for dividend growth, unlike Telus (T-T) and Rogers Corp (ROG-T). Yield 5%. (Analysts’ price target is $61.78 )

If you're an income-oriented investor, it's a good time to enter this name. Don't expect much earnings growth. Alarmforce was a good acqusition. Dividend will likely rise. Rising interest rates in Canada won't mirror those in the U.S. and expects only one or no hikes here, so will lessen impact on BCE. Reasonable valuation.

BCE moves in a defined trading range between $57 and $62. He’s been trading it, buying at the lower end and selling at the higher end. There is not much room for capital gain but it is a good income stock. If your objective is income, it is a good hold.

In this trouble times you look for companies that pay a good dividend. Anytime BCE yield he basically buys it. Good stock for people that needs cash flow. (Analysts’ price target is $ 61.42)

It falls into the category of not much organic growth so you own it for the yield. It has come off like the yield stocks. It is quite a high quality so you don’t have to worry about dividend cuts. They can’t change who they are. Dividend increases could be muted, but it is safe.

It has caught up with the other telcos. It rolled over just as the Trump trade started up again. It is one of the most stable stocks in the index. The valuation is reasonable. You have 5% yield, PE of 17 and very high return on equity. He holds a small position. They can maintain their dividend in a rising interest rate environment.

This is probably preferred, as compared to pipelines, as there is nothing particularly controversial or problematic. It has done rather well. To him, this has to be part of a core portfolio.

A long-term holding for him. It's been under a bit of pressure lately, and thinks it is really to do with utilities and yields pushing back the space.

We have a stronger business market, and with business activity picking up it might be a little better for them, but at the same time you have got higher interest rates, and they have a chunk of the sports business, which is slowing down. He wouldn't be afraid of this. They’ve raised the dividend every year, and expects they will do it again this year.

Have done a really excellent job in rolling out their 5 network and Platform 5 to the home. This is the most well diversified and consistent business. It’s not trading at an expensive multiple. Pays almost 5% in dividend.

Last year, the 12-month price was up 5.8% compared to Rogers (RCI.B-T) at 26% and Cogeco (CGO-T) and 27%. The dividend yield is at 5%. The acquisitions they have been making doesn't change the landscape at all. This is fine for the widows and orphans, but don't be suckered in to buying a high yield stocks, because if you are not getting the dividend growth with it, you are not getting a whole lot of capital appreciation.

Telus (T-T) or Bell Canada (BCE-T)? He owns both. They are very similar, especially in the Canadian marketplace given how small the market is. You can own both. It's the idea of having some diversification in the portfolio. Both pay a great dividend and have a history of raising the dividend. The dividend on this is about 4.8%. If yield is important to you, and you are retired, you are likely to lean more towards this because of the greater yield. It has a very low beta, one of the lowest on the TSX. A name you can live with in both good and bad times.

Bell Canada (BCE-T) or Telus (T-T)? He owns all 3 Canadian telcos, because people are addicted to their cell phones, which is why he loves cell phone companies. There has been a little rotation out of interest sensitive companies, but he sees many, many years of earnings growth. Prefers Rogers (RCI.B-T) out of the 3, as he thinks they have better assets and faster growth.

He is confident with it because of the size and scope of its operations. Yield is about 5.1% and keeps rising, even if the stock has not done much. This is the telco to own.

After a very nice uptrend for the last few years, it’s been consolidating sideways for 2 years. There hasn't been any significant price erosion in the last 2 years, which means that it is a continuation of the prevailing trend, which is up. A dividend yielding, low volatility stock, and the investors tend to be more patient. The key support level is somewhere around $57. As long as it stays above that, this is fine.